Traders Diary: Buy, sell or hold strategy on ICICI Bank, Axis Bank, Siemens, Wipro, TVS Motor, over a dozen other stocks today
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, May 31, 2024.
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, May 31, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Varun Dubey's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Cash Segment Stock Pick: Mrs Bectors Food
Buy Mrs Bectors Food (Cremica) shares in the cash segment for a target price of Rs 1,260 with a stop loss at Rs 1,210
Futures & Option (F&O) Picks: ICICI Bank, Wipro
- Buy ICICI Bank futures for a target of Rs 1,155 with a stop loss at Rs 1,110
- Buy the Rs 440 put option of Wipro at Rs 15.30 for a target of Rs 25 with a stop loss at Rs 10
Technical Stock Pick: IndiGo
Buy Interglobe Aviation futures for a target price of Rs 4,320 with a stop loss at Rs 4,140
Fundamental Stock Pick: TVS Motor
Buy TVS Motor shares for a one-year target of Rs 2,750
Investment Stock Idea: Siemens
Buy Siemens shares for a target of Rs 8,300 with a perspective of 12 months
News-based Stock Pick: Sona BLW Precision
Buy Sona BLW Precision shares for a target of Rs 655 with a stop loss at Rs 628
My Choice picks:
- Buy Axis Bank future for a target of Rs 1,215 with a stop loss at Rs 1,165
- Buy India Nippon Electricals shares for a target of Rs 675 with a stop loss at Rs 647
- Buy JTEKT India shares for a target of Rs 172 with a stop loss at Rs 162
Varun Dubey
Cash Segment Stock Pick: Mahindra Logistics
Buy Mahindra Logistics shares in the cash segment for a target price of Rs 450 with a stop loss at Rs 427
Futures & Option (F&O) Picks: Apollo Hospitals, Muthoot Finance
Buy Apollo Hospitals futures for a target of Rs 6,050 with a stop loss at Rs 5,700
Buy the Rs 1,680 call option of Muthoot Finance for a target of Rs 110 with a stop loss at Rs 77
Technical Stock Pick: Max Financial
Buy Max Financial Services shares for a target of Rs 904 with a stop loss at Rs 940
Fundamental Stock Pick: Bharat Dynamics
Buy Bharat Dynamics shares for a target of Rs 1,600 with a stop loss at Rs 1,520
Investment Stock Idea: Five-Star Business Finance
Buy Five-Star Business Finance shares for a target of Rs 950 with a perspective of 8 months
News-based Stock Pick: Praj Industries
Buy Praj Industries shares for a target of Rs 522 with a stop loss at Rs 492
My Choice picks:
- Buy Lux Industries shares for a target of Rs 1,485 with a stop loss at Rs 1,400
- Buy IRB Infrastructure shares for a target of Rs 69 with a stop loss at Rs 64
- Buy PTC Industries shares for a target of Rs 8,100 with a stop loss at Rs 7,700
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